The Coca-Cola Co (KO) : Contravisory Investment Management reduced its stake in The Coca-Cola Co by 4.88% during the most recent quarter end. The investment management company now holds a total of 161,797 shares of The Coca-Cola Co which is valued at $6,751,789 after selling 8,295 shares in The Coca-Cola Co , the firm said in a disclosure report filed with the SEC on Oct 11, 2016.The Coca-Cola Co makes up approximately 2.21% of Contravisory Investment Management’s portfolio.

Other Hedge Funds, Including , First American Trust Fsb reduced its stake in KO by selling 801 shares or 2.68% in the most recent quarter. The Hedge Fund company now holds 29,125 shares of KO which is valued at $1,217,716. The Coca-Cola Co makes up approx 0.38% of First American Trust Fsb’s portfolio.Mcqueen Ball Associates boosted its stake in KO in the latest quarter, The investment management firm added 182 additional shares and now holds a total of 40,291 shares of The Coca-Cola Co which is valued at $1,684,567. The Coca-Cola Co makes up approx 1.15% of Mcqueen Ball Associates’s portfolio.

The Coca-Cola Co closed down -0.19 points or -0.46% at $41.54 with 1,22,49,060 shares getting traded on Tuesday. Post opening the session at $41.66, the shares hit an intraday low of $41.4 and an intraday high of $41.7 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, The Coca-Cola Co reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.58. The company had revenue of $11539.00 million for the quarter, compared to analysts expectations of $11629.87 million. The company’s revenue was down -5.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.63 EPS.

Many Wall Street Analysts have commented on The Coca-Cola Co. Credit Suisse Initiated The Coca-Cola Co on Sep 16, 2016 to “Neutral”, Price Target of the shares are set at $44.Shares were Reiterated by Stifel on Jul 28, 2016 to “Buy” and Lowered the Price Target to $ 50 from a previous price target of $54 .

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands primarily sparkling beverages but also a range of still beverages such as waters enhanced waters juices and juice drinks ready-to-drink teas and coffees and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands such as Coca-Cola Diet Coke Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations as well as independent bottling partners distributors wholesalers and retailers. The Companys segments include Eurasia and Africa Europe Latin America North America Asia Pacific Bottling Investments and Corporate.